FMC and Corteva's co-exclusive licensing agreement for rimisoxafen herbicide technology includes a $200 million upfront prepurchase payment from Corteva to FMC. Under the deal, FMC retains full ownership of the active ingredient and will supply Corteva, while both companies develop and commercialize their own exclusive premix formulations for corn and soybean markets across North and South America. Corteva's Cynthia Ericson, VP of weed control, says the collaboration offers "attractive economics" on top of Corteva's existing crop protection pipeline.
This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.
(END) Dow Jones Newswires
June 16, 2026 17:39 ET (21:39 GMT)
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